Venture Capital & Private Equity in Developing Markets

The Venture Capital and Private Equity in developing Markets workshop is organised by the Asian Finance Association and hosted by the School of Banking & Finance, UNSW Australia Business School.

2017 workshop

Continued low growth and low interest rate environment in Europe and North America has been spurring VC and PE investors globally to look beyond these core markets and reassess their interest and position in emerging markets. Emerging market PE and VC returns beat non-US developed market PE and VC returns in 2015, according to global investment advisor Cambridge Associates.

Nearly one-third of the world’s private “unicorn” companies that are valued at $1B+, are headquartered in the Asia Pacific (CB Insights, October 2017).

However, there has been limited research on the role/impact of venture capital and private equity in emerging markets. The aim of the workshop is to bring together researchers and market participants to discuss recent research on venture capital and private equity and its broader implications for practice and policy.

The aim of the workshop is to bring together researchers and market participants to discuss recent research on venture capital and private equity and its broader implications for practice and policy.


Date: Thursday 6 April, 2017

Time: 6 - 8pm (Hong Kong time), 8 - 10pm (Sydney time)

Registration: j.suchard@unsw.edu.au by Wednesday 5 April, 2017


2017 workshop papers


  • You Needn’t be the First Investor There: First-Mover Disadvantages in Emerging Private Equity Markets
    Alexander Groh, EMLYON Business School
  • The Performance of Governmental Venture Capital Firms: A Life Cycle Perspective and Evidence from China
    Aria Zhang, University of Auckland
  • International Finance Corporation (IFC) and equity investments in emerging markets
    Jack Glen, Johns Hopkins University